Author: NBTC

Hong Kong’s push to develop a global digital-asset hub is entering a new phase as international tax authorities move to require greater reporting and information sharing in crypto markets. The city is moving toward adopting the OECD’s Crypto Asset Reporting Framework, or CARF, a global tax transparency regime that would require centralized crypto exchanges to collect and share transaction data with tax authorities. Crypto assets could fall under the same rigorous reporting system that already governs traditional offshore bank accounts. For Hong Kong authorities, CARF requires a delicate balance of enforcing tougher oversight without undermining its appeal as a digital…

MetYa, a popular AI-powered Web3 entity for digital interaction, has partnered with Astroon, a character-driven Web3-based entertainment universe. The partnership endeavors to merge MetYa’s attention toward creator communities and social identity with Astroon’s broadening intellectual property, leveraging the $AST token. As per MetYa’s official X announcement, the development focuses on enhancing meaningful engagement within Web3 entertainment. Hence, this move highlights a rising shift toward IP-led ecosystems with priority for user participation and long-term value. Excited to partner with @playastroon — a character-driven Web3 universe aiming to become the “Disney of Web3,” where games, storytelling, and community ownership grow together. 🌌Through…

The Ethereum price is down by under 1% in the last 24 hours. At first glance, the chart looks quiet. Also, the minor price drop links to weak retail demand. But something else is happening under the surface. New on-chain data shows whales adding again, while one key indicator flashes a rare trend shift, favoring one of the two groups mentioned in this piece. Retail Slows Down While Whales Move In Ethereum is approaching completion of an inverse head-and-shoulders pattern. This is a bullish structure that signals a trend reversal if the price breaks above $3,390. The problem appears before…

Lava, a global platform for bitcoin-backed loans, today announced a $200M funding round and the launch of a new product, a bitcoin line of credit (BLOC). The product offers similar functionality to a securities-backed loan or home equity line of credit, but allows users the ability to flexibly borrow using bitcoin as collateral without the monthly payments or term limits common in the bitcoin-backed loans market today. According to a press release shared with Bitcoin Magazine, the $200M financing “includes a combination of venture and debt capital” and brings two new high-profile angels on board: Anthony Pompliano, Bitcoin investor and…

Coinbase CEO Brian Armstrong said any attempt to reopen the GENIUS Act would cross a “red line,” accusing banks of using political pressure to block competition from stablecoins and fintech platforms. In a Sunday post on X, Armstrong said he was “impressed” banks could lobby Congress so openly without backlash, adding that Coinbase would continue pushing back on efforts to revise the law. “We won’t let anyone reopen GENIUS,” he wrote. “My prediction is the banks will actually flip and be lobbying FOR the ability to pay interest and yield on stablecoins in a few years, once they realize how…

Table of Contents Maxwell Hard Fork: What Actually Improved?BNB Chain Funds Memecoin LiquidityMEXC PartnershipBNB Chain and Real-World AssetsBuilder Bunker and Long-term Developer SupportNetwork usage and ecosystem dataConclusionResourcesFrequently Asked Questions In 2025, BNB Chain upgraded block speed, expanded real-world asset support, funded builders, and enforced stricter validator rules. These changes are already live and measurable, not experimental. Together, they show how BNB Chain is positioning itself as a high-throughput, regulated-friendly network that supports both retail users and serious builders. Maxwell Hard Fork: What Actually Improved? The Maxwell hard fork, which appears live as of June 30, is the most important technical…

Ethereum remains locked in a sideways structure, trading just below the psychological $3k mark. Despite multiple attempts, buyers have struggled to generate follow-through momentum. The recent price action reflects a market caught in indecision, with weakening bullish conviction and no real dominance from sellers. Meanwhile, on-chain data is starting to stir, hinting that the next move could be brewing beneath the surface. Technical Analysis The Daily Chart On the daily chart, ETH continues to consolidate between the $2,700 support zone and the $3,300 resistance, with price hovering around $2,970 at the time of writing. The 200-day EMA (orange) and 100-day…

Brazil and Hong Kong central banks successfully pilot a cross-border CBDC trade finance platform using Chainlink’s interoperability protocols. Blockchain Summit Latam 2025 to feature real-world tokenization labs with central banks and major financial institutions participating. A joint assessment by the monetary authorities of Brazil and Hong Kong has validated a practical use case for blockchain technology in international commerce. The project, which involved a cross-border trade finance platform run by Brazilian digital bank Banco Inter, was conducted under the supervision of the Central Bank of Brazil and the Hong Kong Monetary Authority. Its objective was to evaluate how distributed ledger…

A lot happened in policy tied to crypto this year. Congress passed — and the president signed — the first major piece of crypto legislation in U.S. history this year. Federal regulators have dramatically scaled back their enforcement actions against crypto companies while announcing more rulemaking efforts aimed at bolstering the industry. Companies themselves have felt more emboldened to launch new products and services in the U.S. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Last year, CoinDesk’s policy team explained what…

Indonesia has taken another step toward formalizing its crypto market, publishing an official list of platforms authorized to offer digital asset trading services in the country. The Otoritas Jasa Keuangan (OJK) confirmed that 29 crypto and digital asset platforms currently meet its licensing requirements, giving investors a clear reference point for which services are legally permitted to operate. Regulators advised the public to avoid platforms not included on the list, warning that unlisted providers should be treated as operating without authorization. Key takeaways: Indonesia has officially recognized 29 licensed crypto trading platforms. The whitelist is intended to help users verify…